Archive | September 2014

COA: Davao City Spent Only 11% of P175M Flood Control Funds

The Commission on Audit takes to task the city government for what it describes as ‘very low efficiency rate of performance versus targets’
Published 11:16 AM, September 24, 2014
Updated 11:17 AM, September 24, 2014

MANILA, Philippines – Of the P175 million allocated for Davao City’s flood control and disaster preparedness projects funded under the Disbursement Acceleration Program (DAP), only P20.203 million was spent in 2012. This accounts for a measly 11% of the total funds.
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